Joint Venture Between Indian & Turkish Company

Indian company’s current products are precision machined components. The company is also interested in getting new technology from the Turkish company, for manufacturing components in India.

The Turkish counterpart will give all technical drawings, product know how and manufacturing process details to the Indian company.

Phase I –Indian company will manufacture the precision machine components for automotive sector where in the Turkish company will support Indian company with technological know-how & required machinery & customer references etc.

Turkish company will buy Indian company’s precision machine components and sell in Turkish market.

Phase II – Joint establishment of a new facility for upgrading production volume.